Compare Listings

Summit Real Estate 2009 Year in Review

Summit NJ - Real Estate Trends - 2009 Year in Review
Summit NJ - Real Estate Trends - 2009 Year in Review

It was quite a year in real estate for Summit, NJ.

Not surprisingly, the higher end homes took longer to sell
while the most movement in home sales was
found at the lower (well for Summit anyway) priced homes.

Based on the records from the Garden State MLS,
the average selling price in 2009 was $930,999
(just 4% off 2008 prices.)

Buyers should be happy tho’,
as sales prices were at 98% of final listing price…
sellers and their agents are now much more in tuned
with right pricing here in Summit.

Homes Currently for Sale in Summit, NJ

img

Perri K Feldman

    Related posts

    93 Mountainview Rd, Millburn, NJ 07041

    Join Us 93 Mountainview Rd Millburn, NJ 07041 OPEN HOUSE Sunday, December 15th...

    Continue reading
    by Perri K Feldman

    The Best Home Automation Gifts & Tech for 2020

    Are you searching for new and innovative gift ideas this holiday season? If so, check out our list...

    Continue reading
    by Perri K Feldman

    Thinking of Selling Your Home by Owner? Think Again!

    Why Use a Realtor to List Your Home? You've finally decided it's time to put your house on the...

    Continue reading
    by Perri K. Feldman